Relatively Low Current Ratio Detected in Shares of Altria Group Inc in the Tobacco Industry (MO, RAI, PM, AOI, VGR)

Written on Sat, 12/08/2018 - 12:22am

By Nick Russo

Below are the three companies in the Tobacco industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

Altria Group Inc ranks lowest with a a current ratio of 0.6. Reynolds America is next with a a current ratio of 0.9. Philip Morris In ranks third lowest with a a current ratio of 1.4.

Alliance One Int follows with a a current ratio of 2.1, and Vector Group Ltd rounds out the bottom five with a a current ratio of 3.0.

SmarTrend recommended that subscribers consider buying shares of Reynolds America on October 21st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $54.89. Since that recommendation, shares of Reynolds America have risen 19.1%. We continue to monitor Reynolds America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.